North Dakota Farmers Expected to Benefit from Wheat Deal

September 17, 2015 08:46 PM
 
North Dakota Farmers Expected to Benefit from Wheat Deal

North Dakota farmers will provide a large share of the $544 million worth of U.S. wheat that Taiwan has committed to buy over the next two years.

U.S. Sens. John Hoeven and Heidi Heitkamp say Taiwan will buy about 60 million bushels of U.S. wheat in 2016 and 2017. The country also will buy soybeans and corn from the U.S.

The deal agreed to this week is similar to one struck two years ago.

Taiwan already is a big buyer of U.S. hard red spring wheat. North Dakota leads the nation in the production of that type of wheat.

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